First Priory sale and leasebacks now complete
On behalf of The Priory Group, Vector completed the the first of several freehold sales in a programme of sale and leasebacks of new, purpose built nursing home facilities.
More Southern Cross Sales
On behalf of Southern Cross Healthcare Group Plc, Vector successfully completed the sale and leaseback of two of their remaining freeholds to private investors for the total consideration of £11.93 million.
Southern Cross investment sale
Continuing the successful sale programme with Southern Cross Heathcare Group Plc, Vector advised on the sale of a new home in Coatbridge, Glasgow at a price of £4.8m.
The Priory Group instruct Vector
Vector has recently been instructed to advise on a programme of sale and leasebacks on behalf of The Priory Group, the largest independent operator of specialist mental health and education services in the UK.
5 former Woolworth properties let
On behalf of Danish K/S Partnership clients, Vector Property Group has just completed five former Woolworth store lettings and is close to completing three more stores to new tenants in Q2 2009.
Expanded services to Danish investors
Vector has recently joined forces with three partners, all highly qualified and experienced within their own particular fields, in order to evolve the existing services provided to K/S Partnerships in Denmark and create a unique, one-stop shop service for investors known as Vector DK.
More Southern Cross sales
Following the successful sale and leaseback of over £60m of Southern Cross care homes in 2008, Vector advised on the sale of another home of c £4.5m to a private investor (February 2009) and are currently advising on the sale of four homes in Scotland to the value of c £15.8m.
Vector to advise Options Group
Vector have been appointed by The Options Group, a company providing educational, recreational and domestic facilities to suffers of Autism and EBSD, to advise on their property portfolio in respect of a potential sale and leaseback of circa £25m to raise equity for the operating company.
£51.8m deal completed
Vector has successfully advised Southern Cross Healthcare Group Plc on the sale and leaseback of a portfolio of elderly care homes totalling £51.8m. A further £7.75m was sold in October, facilitating the restructuring of their current banking facilities, which became under pressure in July this year.
Dedman Auctions acquisition
Vector Property Investments, which is part of the Vector Property Group, has joined forces with local developer Grant Lodge and purchased a controlling stake in Dedman Property Auctions Limited for an undisclosed sum.